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the obama administration and opposition republicans remain at odds over how to avert the falling off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934. looking at australia, the benchmark index is trading higher by 1/10 of a percent, 4,508. modest moves so far this morning in the asia pacific. >>> japan and india launched a new framework to provide bilateral credit in u.s. dollars. the aim is to ease the impact of possible turmoil in the global financial markets on asia. the two countries worked out the details on tuesday. japan's prime minister and his indian counterpart had signed the currency agreement a year ago. under the framework both countries will be able to exchange up to $15 billion over the next three years. the two countries had a s
the obama administration and opposition republicans remain at odds over how to avert the falling off the fiscal cliff. let's take a look at currency markets. the dollar is also little change against the yen as u.s. budget talks continue. dollar/yen is in the upper 81 levels, 81.88 to 90. the euro, that is higher against the yen, 107.27 to 30 at the moment. worries are reseeding over eurozone debts. let's take a look at other markets in the apple open. kospi is trading flat on the day, 1,934....
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Dec 5, 2012
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the black rock ceo said he's not seeking a job in the obama administration. fink has been rumored as a potential candidate to replace timothy geithner. he says he wishes the media would believe he doesn't want the job and plans to stay at blackwell as long as the board wants him. >>> negotiations have reached a deal to end the eight-day strike of the ports of los angeles and long beach. striking clerical workers and longshoremen who refuse to cross picket lines will be back on the job later. shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is t
the black rock ceo said he's not seeking a job in the obama administration. fink has been rumored as a potential candidate to replace timothy geithner. he says he wishes the media would believe he doesn't want the job and plans to stay at blackwell as long as the board wants him. >>> negotiations have reached a deal to end the eight-day strike of the ports of los angeles and long beach. striking clerical workers and longshoremen who refuse to cross picket lines will be back on the job...
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Dec 5, 2012
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the obama administration has been under fire for saying it was a spontaneous incident linked to a protest. intelligence officials later called it a terrorist attack. a lawmaker says there are indications several possible motivations. catherine is live on capitol hill. how are lawmakers reacting to the videos? >> a lawmaker telling fox after the brief that it was frustrating, it was tough to watch the videos because whether you call the consulate a diplomatic facility, or you call it something else, it is u.s. sovereign territory. when the terrorists or the mob gathered outside the consulate, some of them were armed, some not, there was no resistance. there was a small arms fire. they walked into the consulate grounds. lawmakers say the video show how some of them left with clothing or electronics and others torched the facility leading to the deaths from what we know of the united states ambassador. a was striking today is that a republican who is on the house of representatives intelligence committee telling fox there is so much confusion three months after the attack and that if his min
the obama administration has been under fire for saying it was a spontaneous incident linked to a protest. intelligence officials later called it a terrorist attack. a lawmaker says there are indications several possible motivations. catherine is live on capitol hill. how are lawmakers reacting to the videos? >> a lawmaker telling fox after the brief that it was frustrating, it was tough to watch the videos because whether you call the consulate a diplomatic facility, or you call it...
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. >> we understand the obama administration is now considering arming the syrian rebels, something you've advocated for a long time. obviously in reaction to concerns the administration won't have any sway with the rebels should the assad regime fall. arwa damon has been inside syria for more than about a week now. she's been talking to rebels who say they're angry at the international community for its inaction and won't tolerate meddling now. do you think there's anything at this point the u.s., its allies can do to try to repair that relationship? >> i think we could establish a safe zone from which they could organize and operate. the other problem, as you know, is the dramatic infiltration over the last year or so of these jihadists, al qaeda jihadist extremists from all over the arab world. you name a country and they've come in from there. and unfortunately, some of the countries that are providing the weapons, those have gone directly to these extremists. rather than to the moderate forces. and without a place to organize, to set up a government to do the things that are necessary
. >> we understand the obama administration is now considering arming the syrian rebels, something you've advocated for a long time. obviously in reaction to concerns the administration won't have any sway with the rebels should the assad regime fall. arwa damon has been inside syria for more than about a week now. she's been talking to rebels who say they're angry at the international community for its inaction and won't tolerate meddling now. do you think there's anything at this point...
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up next, the civil war raging in serious sets off alarms in the obama administration as reports of chemical weapons are surfacing. we will be talking syria, egypt, iran, israel, palestine, possible u.s. intervention. his new book. i wonder, is that it? that is it. my goodness. that's good. that's dead. what's next? he's going to apply testosterone to h underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron it for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women,speciallthose whar or who may become pregnant, and chilen should avoid contact where axon is apapplied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctoror if they occu. tell your doctbout all medical conditions and medications. rious side effts could includ increaserisk of prostate cancer; worseninprostate symptoms; decreased sperm count; ankle, feet, or body swellg; enlarged or painful breasts; problems breathing w
up next, the civil war raging in serious sets off alarms in the obama administration as reports of chemical weapons are surfacing. we will be talking syria, egypt, iran, israel, palestine, possible u.s. intervention. his new book. i wonder, is that it? that is it. my goodness. that's good. that's dead. what's next? he's going to apply testosterone to h underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron it for use in women...
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. >> greta: wouldn't you expect that the obama administration would be talking to assad, maybe through some other country, some other means, to find a place, an exit strategy for him right now so he doesn't release the chemical weapons and make some sort of way to at least plan how to take -- how to secure them? >> well, again, if you believe some of the things people are saying about the russian role, they may well be trying to convince him to leave, but there's a real problem here because one thing he and others in his regime would insist on is to be immune from prosecution for various human rights violations, crimes against humanity. very hard to get that kind of immunity. >> greta: i thought we did that all the time. we have historically. i mean, some of these bad people have gotten safe haven places. >> we're in a different environment now, unfortunately, and what it means is in the case of gaddafhi, they might as well go down with their boots on. if the choice is dying fighting for themselves or be convicted by the international criminal court, every incentive is to stay in power
. >> greta: wouldn't you expect that the obama administration would be talking to assad, maybe through some other country, some other means, to find a place, an exit strategy for him right now so he doesn't release the chemical weapons and make some sort of way to at least plan how to take -- how to secure them? >> well, again, if you believe some of the things people are saying about the russian role, they may well be trying to convince him to leave, but there's a real problem here...
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>> the obama administration and the left in the country believe so much that the muslim brotherhood is a very moderate movement, and the leader morsi is a very moderate statesman. this is why they do not believe that implementing the law will oppress women in egypt. it's like burying their heads in the sand, refusing to accept reality, and admit that everything that they believed about the muslim brotherhood and morsi is a lie. for them to admit that, it will force them to come up with different solutions to what we're facing in egypt, and they're not ready to face it. >> and we're funding them. that's another side. abbas, let me go to you. you have morsi. first the muslim brotherhood said they weren't going to run, and they ran. they got into power, targeting israel first, declaring them the number one enemy. now morsi is taking over the military and implementing shria law. will this be good for the egyptian people. >> shawn sean, we're going throa revolution in egypt. in a revolution the old regime gets purged. he took out the old cronies and now he's doing the same thing to the judi
>> the obama administration and the left in the country believe so much that the muslim brotherhood is a very moderate movement, and the leader morsi is a very moderate statesman. this is why they do not believe that implementing the law will oppress women in egypt. it's like burying their heads in the sand, refusing to accept reality, and admit that everything that they believed about the muslim brotherhood and morsi is a lie. for them to admit that, it will force them to come up with...
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Dec 5, 2012
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both a republican and the democratic administration, he left his post in june, 2011. at his farewell ceremony president obama awarded him the presidential award of freedom. >> the highest honor. >> this is a man i have come to know and respect. a humble american patriot. a man of common sense and decency. quite simply one of our nation's finest public servants. >> rose: today the united states face as wave of foreign policy challenges, including the pressing question of how to respond to the potential use of chemical weapons by the assad government in syria, the government warned him of the consequence conditions consequences he could expect. >> i want to make it clear to assad and those under his command the world is watching, the use of chemical weapons is and would be totally unacceptable. and if you make the tragic mistake of using these weapons there will be consequences and you will be held accountable. >> rose: i am pleased to have bob gates back at this table. welcome. >> thank you, charlie. >> rose: so what are you doing since you left government? >> well, i
both a republican and the democratic administration, he left his post in june, 2011. at his farewell ceremony president obama awarded him the presidential award of freedom. >> the highest honor. >> this is a man i have come to know and respect. a humble american patriot. a man of common sense and decency. quite simply one of our nation's finest public servants. >> rose: today the united states face as wave of foreign policy challenges, including the pressing question of how to...
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and this administration for getting our spending under control. >> 's the one that was president obama just weeks after he took office in 2009 at the opening of the fiscal responsibility summit. today we owe more than $16 trillion, and he wants to raise the debt ceiling to spend even more money that we honestly don't have. our next guest says that both sides are to blame equally. charlie is a columnist for the washington times. okay, they cannot be equal. who is more to blame? the president or congress. i would make the argument that obama is clearly the one. certainly democrats are probably little bit more to blame. two years ago, democrats ran the entire town. they had a filibuster proof majority in the senate. they control the house and white house. if they wanted to cut spending at that time, they could have done so. republicans -- they could've done it over every republican objection and they could've gotten everything they wanted. they didn't do that. but i do think it's worth remembering that if you go back 10 years, president bush, and the republican-controlled congress, then a
and this administration for getting our spending under control. >> 's the one that was president obama just weeks after he took office in 2009 at the opening of the fiscal responsibility summit. today we owe more than $16 trillion, and he wants to raise the debt ceiling to spend even more money that we honestly don't have. our next guest says that both sides are to blame equally. charlie is a columnist for the washington times. okay, they cannot be equal. who is more to blame? the...
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administration and will ensure the service has what it needs to successful conduct its missions. the legislation includes critical provisions that will have the coast guard and its service members greater parity with the counterparts in the department of defense, something we've worked very hard to achieve. h.r. 2838 has reforms and improvements to the coast guard's acquisition programs and activities. the bill encourages job growth in the maritime sector by cutting e.p.a., t.s.a. and coast guard regulatory burdens on small businesses. finally, the bill enhances the security of u.s. vessels and cruise transiting high-risk waters, re-authorizes the national security aspects of the maritime administration for fiscal year 2013, and makes several important improvements to noaa's marine debris program, as noted by mr. larsen. h.r. 2838 was put together in cooperation with the minority and with our counterparts in the senate. i'd like to thank mr. mica, chairman of the full committee, i'd like to thank mr. rahall, the ranking member of the full committee, but i especially want to thank
administration and will ensure the service has what it needs to successful conduct its missions. the legislation includes critical provisions that will have the coast guard and its service members greater parity with the counterparts in the department of defense, something we've worked very hard to achieve. h.r. 2838 has reforms and improvements to the coast guard's acquisition programs and activities. the bill encourages job growth in the maritime sector by cutting e.p.a., t.s.a. and coast...
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we're hering so far a measured response from the obama administration. >> secretary hillary clinton says it calls for ugt talks between president morsi. >> we have expressed that repeatedly over the last weeks. because almost two years ago, the egyptian people took to the streets because they wanted real democratic change. and they, therefore, not the americans, or anyone else, deserve a constitution that protects the rights of all egyptians. >> future could depend on how the situation plays out and if president morsi chooses democracy or dictatorship. >> i spoke about that with a guest. >> you met with high officials at the state department, the u.s. still provides egypt with economic and military assistance, about $1.3 million a year. hundreds of millions in economic aide, did they race that issue with you? there was concern that if president morsi continues to move in that direction, the u.s. assistance could be in trouble. >> i think it's important for the united states than it is for egypt. it's mutual interest and mutual benefit. and the relationship is depending on the relationshi
we're hering so far a measured response from the obama administration. >> secretary hillary clinton says it calls for ugt talks between president morsi. >> we have expressed that repeatedly over the last weeks. because almost two years ago, the egyptian people took to the streets because they wanted real democratic change. and they, therefore, not the americans, or anyone else, deserve a constitution that protects the rights of all egyptians. >> future could depend on how the...
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president obama warned republicans not to try linking the fiscal cliff negotiations to an increase in the federal debt ceiling early next year. timothy geithner says the administration absolutely it prepared to let the economy go over the fiscal cliff unless the republicans accept higher tax rates on the healthy. and the southern philippines struggled to recover from a typhoon that killed nearly 300 people. and what does a day in the life of public buses, trains and subways look like? the answer is part of our science roundup online. hari sreenivasan has the details. >> sreenivasan: the image resembles a lite-bright time lapse. find those pictures and our conversation with a software developer who set out to visualize the 24-hour cycle of urban public transit systems. that's on our homepage. an international telecommunications conference in dubai aims to set new rules for the internet. what's at stake? we take a look in the rundown. and on making sense, economics correspondent paul solman argues both sides of the capital gains tax debate. all that and more is on our website newshour.p
president obama warned republicans not to try linking the fiscal cliff negotiations to an increase in the federal debt ceiling early next year. timothy geithner says the administration absolutely it prepared to let the economy go over the fiscal cliff unless the republicans accept higher tax rates on the healthy. and the southern philippines struggled to recover from a typhoon that killed nearly 300 people. and what does a day in the life of public buses, trains and subways look like? the...
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president obama proposed. >> so what about clinton era spending levels? >> i am fine with cutting spending levels. [talking over each other] [talking over each other] megyn: great job. coming up, bob costas offers verification on his talk about gun culture after a murder suicide of a nfl player. and police traffic cameras. red light cameras in one city are the subject of a major class-action. why drivers claimed the cameras keeping neighborhoods if they are big methods of bringing in cash megyn: sportscaster bob costas offering clarification for his on-air comments about the nfl player who shot his girlfriend and then killed himself last weekend. those comments were made during the eagles and cowboys football game on sunday night. he blamed what he called america's gun culture for america's case of gun violence. here's a little from the comments on sunday night the matter tandems do not enhance our safety. they exacerbate our flaws. they beat us into embracing confrontation rather than avoiding it. in coming days, javon pilcher's actions and attention to
president obama proposed. >> so what about clinton era spending levels? >> i am fine with cutting spending levels. [talking over each other] [talking over each other] megyn: great job. coming up, bob costas offers verification on his talk about gun culture after a murder suicide of a nfl player. and police traffic cameras. red light cameras in one city are the subject of a major class-action. why drivers claimed the cameras keeping neighborhoods if they are big methods of bringing...
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and i wish the obama administration would -- >> indiana and illinois. >> the key thing for business competitivene competitiveness with regard to health care, it's the slowest on record. now, you could -- >> it's the recession. >> it could be. >> the slow growth -- >> that wouldn't explain all of it. it does feel like -- of course we need more data points. >> it sharply outpaces inflation. >> not in the last two years. >> it's come down. >> not if you are somebody who is at a small company who is -- >> business is -- the most important there is the growth in the cost of health care. if this is helping to bend the cost curve -- >> if you talk to small businesses, they are looking at double digit increases. the tale of two worlds here. >> people that are 45 -- >> talk to any business person, they're adjusting and the health care industry's adjusting. >> we've got to go. >> we should have a longer conversation on this. >> yes, absolutely. >>> coming up, more data still ahead. we'll get third quarter productivity. and wow, it's incredible. are you going to be back for that? liesman will be back -- >>
and i wish the obama administration would -- >> indiana and illinois. >> the key thing for business competitivene competitiveness with regard to health care, it's the slowest on record. now, you could -- >> it's the recession. >> it could be. >> the slow growth -- >> that wouldn't explain all of it. it does feel like -- of course we need more data points. >> it sharply outpaces inflation. >> not in the last two years. >> it's come down....